Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Jeffrey Epstein's private islands put up for sale for $125m

Jeffrey Epstein's private islands put up for sale for $125m

Private Caribbean islands owned by the deceased sex offender and financier Jeffrey Epstein are up for sale and could fetch up to $125m (£94.7m).

A lawyer for Epstein's estate confirmed to the BBC that the two islands - Little St James and Great St James - have been listed.

Lawyer Daniel Weiner said some proceeds from the sale will be used to settle outstanding lawsuits.

Epstein died in jail in 2019, awaiting trial on sex trafficking charges.

The financier bought the 90-acre Little St James - the more developed of the two - nearly 25 years ago for almost $8m (£6m).

He then acquired the larger Great St James in 2016 for $22.5m and had drawn up plans to develop the 161-acre island by building homes, an amphitheatre, as well as an underwater office and pool.

Bespoke Real Estate, which is jointly overseeing the sale, told the BBC both islands are being offered for a total $125m.

Epstein was accused by US Virgin Islands attorney general Denise George of sexually abusing girls as young as 12 years old on Little St James.

The lawsuit, filed two years ago, also claimed that one 15-year-old girl attempted to escape the island by swimming away before being captured and having her passport confiscated.

A boarded-up property on Little St James


Mr Weiner, a partner at New York law firm Hughes Hubbard & Reed, said the sale is taking place with the support of Ms George and that the proceeds "will be used by the estate for the resolution of outstanding lawsuits and the regular costs of the estate's operations".

Epstein reportedly welcomed a number of high profile guests to Little St James over the years. One of Epstein's alleged victims, Virginia Giuffre, claimed in a civil suit that Prince Andrew had abused her on the island. Prince Andrew denied the claims and said he had no recollection of meeting Ms Giuffre.

The prince recently paid a settlement to Ms Giuffre to end a civil case in the US. The settlement accepted no liability and Prince Andrew has always strongly rejected claims of wrongdoing.

Jeffrey Epstein faced sex trafficking charges before dying in jail in 2019


Other visitors to Little St James included Jes Staley, the former boss of Barclays.

He resigned from the UK bank last year following an investigation by financial regulators over how the banker had characterised his relationship with Epstein.

Mr Staley dropped by Epstein's island in 2015 a few months before he took on the chief executive role at Barclays.

UK financial regulators began an investigation after JP Morgan - Mr Staley's former employer - handed over 1,200 emails sent between the banker and Epstein mostly 2008 and 2012.

Regulators were concerned that the emails showed a closer relationship between the two men than Mr Staley had described to Barclays board.

Mr Staley is contesting the regulators' finding.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
Massive Anti-Government Protests Erupt in Belgrade
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Hungary's Prime Minister Criticizes NATO's Role in Ukraine
EU TO HUNGARY: LET THEM PRIDE OR PREP FOR SHADE. ORBÁN TO EU: STAY IN YOUR LANE AND FIX YOUR OWN MESS.
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
NATO Members Agree to 5% Defense Spending Target by 2035
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
International Astronaut Team Launched to Space Station
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
Oil Prices Set to Surge After US Strikes Iran
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
×